Category: International Business & Finance
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The West loves democracy until it gets results it doesn’t like: Russia
The US and its allies have tried to manipulate this country’s politics since the Soviet Union collapsed in the early 1990s One of the most curious cases in the turbulent history of post-Cold War US-Russian relations is the decision of the US authorities to reduce financial aid to Moscow after the free elections to the…
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Visa & Western Union Collaborate for Cross-Border Transfers
Visa and Western Union expand their collaboration to transform how money is transferred across borders using Visa Direct Leading payments processing company Visa has expanded its collaboration with Western Union by signing a new seven-year agreement that will enable Western Union customers to send money across borders to family and friends with eligible Visa cards. Visa will deliver this…
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European Union announces $8 billion package of aid for Egypt
The European Union on Sunday announced a $8 billion aid package for Egypt amid concerns that economic pressure and conflicts and chaos in neighboring countries could drive more migrants to European shores. The deal is scheduled to be signed during a visit by European Commission president Ursula von der Leyen and the leaders of Belgium,…
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Updates on internet outage in West Africa
The recent internet outage in West Africa was primarily caused by damage to multiple undersea cables. These cables are vital for carrying internet traffic across continents. Here’s a breakdown: Additional Factors:
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Bitcoin Hits $73K, ETH Faces Downtrend
Crypto Price Today: Bitcoin soared to an astounding $73,000, the surge of 47% in the past monthCrypto Price Today: Bitcoin, the flagship cryptocurrency, has been on a remarkable ascent, defying skeptics and stunning investors worldwide. As it soared to an astounding $73,000, the surge of 47% in the past month and a staggering 199% increase…
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Focus on the top 5 leading banking technology firms to watch in 2024
The banking sector is experiencing a major shift as we enter 2024, fueled by developments in banking technology. Leading banking technology firms are utilizing state-of-the-art technology to provide creative solutions and services that are transforming the traditional financial environment. These companies are improving the financial services sector’s client experience in addition to increasing the effectiveness…
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Unveiling the top 10 fintech startups using AI to provide innovative solutions
One key technology driving the fintech revolution is artificial intelligence (AI), which enables startups to automate processes, analyze data, personalize services, and enhance customer experience. Here are the top 10 fintech startups that are powered by AI: 1. KabbageKabbage is a US-based fintech startup providing small businesses with online lending services. Kabbage uses AI to…
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At least 50 migrants dead on a boat coming from Libya
Survivors rescued from a deflating rubber dinghy in the central Mediterranean say about 50 people who left Libya with them a week ago died during the journey, humanitarian relief group SOS said. The ship Ocean Viking spotted the dinghy with 25 people on board on Wednesday. Two of them were unconscious and were evacuated by…
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Undersea cable failures cause Internet disruptions for multiple African countries
Internet connectivity in several African countries was disrupted today, March 14, 2024. Beginning at approximately 05:00 UTC, west and central African countries were most impacted, as was South Africa. Based on published reports and social media posts from impacted network providers, the disruption is believed to be due to multiple undersea cable failures in the…
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Pirates seize control of cargo ship near Somalia, say owners
Pirates have seized a Bangladesh-flagged bulk carrier off the coast of Somalia and taken its 23-member crew hostage, the ship’s owners said. The MV Abdullah was sailing from Mozambique’s capital Maputo to the United Arab Emirates with a cargo of 55,000 tonnes of coal when it was attacked on Tuesday, according to Kabir Steel Re-Rolling…
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